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Cascadia Minerals (TSXV:CAM) Asset Turnover : 0.00 (As of Sep. 2024)


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What is Cascadia Minerals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cascadia Minerals's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Cascadia Minerals's Total Assets for the quarter that ended in Sep. 2024 was C$3.76 Mil. Therefore, Cascadia Minerals's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Cascadia Minerals's annualized ROE % for the quarter that ended in Sep. 2024 was -347.55%. It is also linked to ROA % through Du Pont Formula. Cascadia Minerals's annualized ROA % for the quarter that ended in Sep. 2024 was -305.67%.


Cascadia Minerals Asset Turnover Historical Data

The historical data trend for Cascadia Minerals's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cascadia Minerals Asset Turnover Chart

Cascadia Minerals Annual Data
Trend Dec22 Dec23
Asset Turnover
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Cascadia Minerals Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Cascadia Minerals's Asset Turnover

For the Other Precious Metals & Mining subindustry, Cascadia Minerals's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cascadia Minerals's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cascadia Minerals's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cascadia Minerals's Asset Turnover falls into.


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Cascadia Minerals Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Cascadia Minerals's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (0.514+2.252)/ 2 )
=0/1.383
=0.00

Cascadia Minerals's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (5.028+2.499)/ 2 )
=0/3.7635
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Cascadia Minerals  (TSXV:CAM) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Cascadia Minerals's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-11.504/3.31
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.504 / 0)*(0 / 3.7635)*(3.7635/ 3.31)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.137
=ROA %*Equity Multiplier
=-305.67 %*1.137
=-347.55 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Cascadia Minerals's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-11.504/3.7635
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.504 / 0)*(0 / 3.7635)
=Net Margin %*Asset Turnover
= %*0
=-305.67 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Cascadia Minerals Asset Turnover Related Terms

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Cascadia Minerals Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Cascadia Minerals Ltd is a junior mining company focused on exploring for copper and gold in the Yukon and British Columbia. The company's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper and 30.00 g/t gold.
Executives
Andrew Olaf Carne Senior Officer

Cascadia Minerals Headlines

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